realty-smokies

Lot 21 Reed Schoolhouse Road, Sevierville, TN 37862

$2,078,740
Property Type: Residential Bedrooms: 12 Baths: 13 Square Footage: 5,961 Status: Closed
Current Price: $2,078,740 List Date: 9/02/2022 Last Modified: 11/16/2024

Overview

Description

New construction of the perfect investment cabin in the new Lodges at Reedmont development! A stunning three-story pool cabin with a dramatic floor plan featuring 12 gorgeous bedrooms, 12 baths, a theater, private indoor pool, and a rec room with handsome and high-end finishes throughout. The kitchen and living areas are open and spacious offering plenty of room for a group to comfortably enjoy meals together. Our 12 Bedrooms generate year after year a gross rental income of $300,000+! Call us for a financial pro forma. The location is simply fantastic - just around the corner from the Sevierville Convention Center, the Soaky Mountain Waterpark, and the Sevierville Golf Course! Views can be had of Mt. LeConte, Bluff Mountain and Greenbriar Pinnacle depending on what lot you choose. Fantastic investment near America's number one National Park and number one in the nation for short-term overnight rental profits! *Photos are of two similar cabins built by the builder and will be the same quality of materials.

Listing Details MLS# 253724

General Property Information

Living Area
5961
Above Grade Finished Area
3974
Below Grade Finished Area
1987
Bedrooms Total
12
Bathrooms Total
13
Bathrooms Full
12
Bathrooms Half
Yes
Garage YN
No
Year Built
2023
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
No
Home Warranty YN
Yes
Construction Type
Site Built
View YN
Yes
List Price/SqFt
365.57
Sold Price/SqFt
348.72
Lot Size Acres
0
Below Grade Unfinished Area
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin Association Fee Includes: Maintenance Grounds; Maintenance Structure; Roads Basement: Basement; Finished Construction Materials: Cement Siding Cooling: Central Air Exterior Features: Rain Gutters Heating: Heat Pump Interior Features: Ceiling Fan(s); Great Room; Solid Surface Counters Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Wooded Patio And Porch Features: Deck Pool Features: Hot Tub; In Ground; Private Property Condition: To Be Built Road Frontage Type: Private Road Sewer: Public Sewer Utilities: Water Available View: Mountain(s) Water Source: Public Window Features: Window Treatments Showing Requirements: See Remarks

Location Tax and Legal

Street Number
Lot 21
Street Name
Reed Schoolhouse
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Single Family Residence
MLS Area Major
Sevierville
Subdivision Name
The Lodges at Reedmont

Contract Information

Original List Price
2125250
Listing Contract Date
2022-09-02
Owner Name
Compass Ventures LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Common Interest
Planned Development
Association YN
Yes
Association Fee
199
Association Fee Frequency
Monthly
Association Name
Reedmont HOA
Association Email
macee@compassventures.net
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
New construction of the perfect investment cabin in the new Lodges at Reedmont development! A stunning three-story pool cabin with a dramatic floor plan featuring 12 gorgeous bedrooms, 12 baths, a theater, private indoor pool, and a rec room with handsome and high-end finishes throughout. The kitchen and living areas are open and spacious offering plenty of room for a group to comfortably enjoy meals together. Our 12 Bedrooms generate year after year a gross rental income of $300,000+! Call us for a financial pro forma. The location is simply fantastic - just around the corner from the Sevierville Convention Center, the Soaky Mountain Waterpark, and the Sevierville Golf Course! Views can be had of Mt. LeConte, Bluff Mountain and Greenbriar Pinnacle depending on what lot you choose. Fantastic investment near America's number one National Park and number one in the nation for short-term overnight rental profits! *Photos are of two similar cabins built by the builder and will be the same quality of materials.
Directions
From Sevierville 66 North to a left on Gist Creek. Right onto Reed Schoolhouse - see sign on right.

Status Change Information

Major Change Timestamp
2023-06-02T17:24:21Z
Major Change Type
Status Change
Price Change Timestamp
2023-03-29T04:33:06Z
Status Change Timestamp
2023-06-02
Purchase Contract Date
2023-02-07
Close Date
2023-06-02
Close Price
2078740
Buyer Financing
Other
Anticipated Closing Date
2023-06-02

More Information

Showing Requirements

Showing Instructions
For specific lot locations and access, please contact listing agent (865-654-3283). Roadways are being improved and vehicles are not permitted at this time without a listing office representative. PLEASE FOLLOW THE ATTACHED DOC CALLED "HOW TO WRITE AN OFFER". PLEASE CALL LISTING AGENT TO CONFIRM PRICING FOR LOT AND UPGRADES & POOLS. PRICING IS NOT FINAL TILL CONSTRUCTION AGREEMENT IS WRITTEN
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
R-2
Zoning Entity
Sevierville
Tax Lot
21
Book/Page/Doc #
6072, 770
Tax Annual Amount
400
Tax Year
2022

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Cooktop
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Association Fee Includes

Maintenance Grounds
Yes
Maintenance Structure
Yes
Roads
Yes

Basement

Basement
Yes
Finished
Yes

Construction Materials

Cement Siding
Yes

Cooling

Central Air
Yes

Exterior Features

Rain Gutters
Yes

Heating

Heat Pump
Yes

Interior Features

Ceiling Fan(s)
Yes
Great Room
Yes
Solid Surface Counters
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Wooded
Yes

Patio And Porch Features

Deck
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes
Private
Yes

Property Condition

To Be Built
Yes

Road Frontage Type

Private Road
Yes

Sewer

Public Sewer
Yes

Utilities

Water Available
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes

Window Features

Window Treatments
Yes
Listing Office: RAZ Realty Group, LLC
Last Updated: November - 16 - 2024
Information deemed reliable but not guaranteed.